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Eminence Capital Plays Vodafone / Verizon Pairs Trade: Q3 Letter Excerpt

By MarketFolly on Tue, 2012-11-06 16:00
(via www.marketfolly.com)

Ricky Sandler's hedge fund firm Eminence Capital is having a great year, up 6.7% net in the third quarter and up 22.3% net for the year through September with AUM north of $3 billion.  Their third quarter letter to investors details a new trade they recently put on:

Long Vodafone / Short...

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